We are trading Concerns.This year we have developed one software for customer for sale.The initial cost incurred for the development is capitalised.
Whether Excise duty is applicable for the sotware @ each point of sale?
Please clarify.
vijeesh V R (CA Final) (91 Points)
13 May 2012We are trading Concerns.This year we have developed one software for customer for sale.The initial cost incurred for the development is capitalised.
Whether Excise duty is applicable for the sotware @ each point of sale?
Please clarify.
CMA Shilpa Shinde
(COST ACCOUNTANT)
(217 Points)
Replied 14 May 2012